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20121129
20121207
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. >>> on wall street there was little movement as investors were cautious with all eyes on the "fiscal cliff." the dow rose 3, nasdaq down 2. >>> so far there's no resolution of the strike by clerical work at the ports of los angeles and long beach. the strike enters its 7th day today dramatically slowing traffic at the nation's busiest cargo complex. dock workers refuse to cross the picket lines. the clerical workers say management has been outsourcing their work. >>> and delta airlines is looking to buy a 49% stake in virgin atlantic airlines. now owned by singapore airlines. some 51% of virgin atlantic is owned by richard branson. virgin is the second biggest airline at london's heathrow airport. a delta partnership would allow delta to expand its london-to- new york flight. that would be a big move for delta. >> if you work at toys 'r us, they will get more money but may stay open through christmas. >> the times square toys 'r us store will be open for 543 hours in a row starting yesterday morning and will be going on until christmas eve. the 24-hour shopping marathon is of course the la
seng also gained about 1%. the improvingometer mitchell on the "fiscal cliff" gave wall street a boost, as well. the dow added 106 points after being down triple digits earlier in the day. while the nasdaq was up 23. >> could the dollar bill be going out of style? a congressional panel is once again calling for the u.s. to stop printing singles and switch entire to dollar coins. the nonpartisan panel believes the switch could save taxpayers money. it is more expensive to produce the coins but they last about 6 types longer than the paper bills. i don't know. it's going to make my bag heavier for sure. >> that's what i was thinking. my purse is already heavy. >> got four bucks? let me see it here. >> ashley, from time to time frank will go and make a starbucks run for us but i don't think he is going to do that anymore. >> not at this price. >> reporter: no. it's not going to get you this one. that's right. starbucks is selling a new brew that will set you back $7 for a grande sized cup. that would be a big cup. the coffee is made from a rare costa rica bean. if you want to brew one at
on a "fiscal cliff" deal. stocks were mostly unchanged yesterday. the dow lost 13 points while the nasdaq was down 5. >>> fedex is offering some employees a voluntary buy-out plan as the package delivery company tries to save nearly $2 billion in the next three years. fedex will offer some employees up to two years pay to leave the company. most of the cuts will come from its express and service units. >>> and starting in 2016 the whole host of disney characters are coming to netflix. the online video rental service landed exclusive rights to stream disney movies before they air on premium cable networks. netflix will also stream some of disney's classic movies. no financial terms of the deal were released. but certainly a big score there for netflix. >> that is a big coup. >> i have a cousin who drinks starbucks every day. now i know what to get her. >> this would make her have a lot of clout there around starbucks, as well. they are introducing a $450 gift card. the starbucks metal car is made of etched steel and comes with only $400 on it. the reason why it's $450, you ask? it costs $5
. and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see that businesses are putting off investing and hiring until congress and the president finish their wrangling. i think the reason is pretty clear. uncertainty over taxes and the impact of scheduled government cuts on the economy is really making it hard for companies to plan. so instead, they are keeping their spending in a wait-and- see mode and again, that's going to persist until we get resolution. for more on the jobs report preview, go to moneywatch.com where we warn that things could get ugly in the labor market before they turn around. >> okay. jill schlesinger, editor at large for cbsmoneywatch.com, thank you. >>> i'm going to have to separate my coanchor and our weather guy because we have a quasi denver bronco fan here, she grew up there. we'll let her have that. quasi. and a huge raider fan. >> and they play tonight. huge r
Search Results 0 to 3 of about 4